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Lots of macro updates
Good morning, friends. As we approach two shortened workweeks and the final week of Ramadan, we hope your long weekend…
Elsewedy Electric, Qatar’s UCC sign to build Libyan power plant
The contract is worth at least EUR 800 mn
Foreign press speculates about a fourth deval
Bloomberg says markets are pricing in a fourth EGP devaluation
House gives preliminary nod to nationality law changes
The amendments would make it easier for foreigners to become citizens
AfricInvest to acquire 25% of BUE -Report
The transaction could close in June
NPH goes again
Pachin is now valued at more than EGP 955 mn
There’s no knowing where crude prices are going
Could weakening demand outweigh OPEC’s supply cuts?
THIS MORNING: Yet more high-yield CDs + Egyptian gov’t to offer Nile view real estate to investors
PLUS: It’s inflation day
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